Phone interaction is not the way millennials (the 80 million potential insurance customers born between 1981 and 2000) prefer to contact their insurance provider. According to a survey by Insurity and Microsoft Corp., millennials rank the following technologies as important:
86% Personal Web portals with full view of their accounts
76% Live online chats with agents
67% Instant messaging with agents
69% Company blog to post concerns and questions
Also worth noting: a combined 48 percent of millennials would frequently or occasionally blog in chat rooms or social networking sites if they encountered a poor customer experience with their carriers.
Was this article valuable?
Here are more articles you may enjoy.
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model
IBM Agrees to Pay Government $17 Million in DEI Settlement
Data Centers Offer a Potential $10 Billion Windfall for Insurers
Here’s a List of Gulf Energy Infrastructure Damaged in Iran War 

